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"Doesn't the idea that there are thirty million piano-playing Chinese children imply that there is also a massive impending expansion in total addressible world
by UncleOxidant 17y ago
"Doesn't the idea that there are thirty million piano-playing Chinese children imply that there is also a massive impending expansion in total addressible worldwide market?"
How many top piano players do you really need in the world? Especially a world where music is so easy to reproduce and distribute. When it comes to cello players, there's only one YoYo Ma - how many other notable cello players can you name?
"though it is not, as my little sister will tell you, for law school grads"
Your little sister may want to rethink that. There was an article in the local paper here a few weeks back about how recent college grads are having a tough time finding work. One of the people profiled graduated from a fairly well respected local law school back in the Spring and has yet to find anything. She said that she and many of her former classmates are now on food stamps.
- waterlesscloud 17y agoThe idea of 30 million piano-playing Chinese isn't important because we need piano players. It's important because the fact that someone can take piano lessons implies a certain level of economic status beyond day-to-day survival. It implies a growing middle and upper class. Those implications lead to the conclusion of much larger markets, which leads to the idea of more wealth creation resulting from people filling those markets.